Jfrog Ltd Stock Price, News & Analysis

JFrog Ltd. (NASDAQ: FROG) has announced its acquisition of Vdoo Connected Trust Ltd. for approximately $300 million, a move aimed at enhancing its security offerings within the DevOps market. This strategic acquisition will integrate Vdoo’s advanced security solutions into JFrog's platform, enabling comprehensive security throughout the software lifecycle. The transaction includes both cash and stock, with around $90 million to be paid in JFrog shares. JFrog maintains its guidance for Q2 and FY2021, anticipating increased operating expenses of $9-10 million post-acquisition.

PagerDuty (NYSE: PD) announced new integrations with JFrog (NASDAQ: FROG) to enhance digital operations management. The integrations offer DevSecOps and SDLC Monitoring, aimed at identifying security issues and improving software delivery lifecycles. JFrog Xray will notify teams of security vulnerabilities, while JFrog Pipelines will streamline incident resolution and build identification. These capabilities are expected to reduce bottlenecks in software delivery, thereby enhancing the reliability of digital services. The partnership aims to empower organizations in managing critical incidents effectively.

JFrog (NASDAQ: FROG) has introduced a range of enhancements to its DevOps Platform during the swampUP user conference, aimed at improving binary lifecycle management and developer productivity. Key features include Federated Repositories for multi-site management, Signed Pipelines for enhanced security and integrity of builds, and Cold Artifact Storage for cost-effective archiving of unused artifacts. Additionally, Dependency Scanning will identify vulnerabilities early in development. These tools are designed to address the growing complexity of modern application delivery.

JFrog (NASDAQ: FROG) announced the launch of its Private Distribution Network at the swampUP DevOps user conference. This innovative feature allows enterprises to create a secure, scalable hybrid distribution network for software updates. The solution integrates advanced network acceleration technologies, enhancing deployment speed and reliability for application updates across numerous environments. Available in private beta now and set for general release in Q3 2021, the platform aims to address modern software distribution challenges, particularly in edge computing and IoT environments.

JFrog Ltd. (NASDAQ: FROG) has announced its participation in three upcoming investor conferences. The events include the 41st Annual William Blair Growth Stock Conference on June 1, 2021, the Stifel Cross Sector Insight Conference on June 8, 2021, and the BofA Securities 2021 Global Technology Conference on June 9, 2021. Live webcasts of the presentations will be available on the company's investor relations website. JFrog is dedicated to facilitating seamless software delivery through its hybrid DevOps platform, which is utilized by numerous Fortune 100 companies.

JFrog Ltd. (NASDAQ: FROG) announced its participation in two upcoming investor conferences. The first is the 16th Annual Needham Virtual Technology & Media Conference on May 17, 2021, at 10:15 AM ET. The second event is the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 24, 2021, at 2:45 PM ET. Live webcasts and replays will be accessible on JFrog's investor relations website. JFrog aims to revolutionize software delivery pipelines through its Liquid Software platform, which supports the DevOps movement.

JFrog (NASDAQ: FROG) has achieved the Red Hat Vulnerability Scanner Certification for JFrog Xray, enhancing its capability to scan for security vulnerabilities and license compliance across open-source software. This certification, which started in February 2021, confirms the reliable data JFrog Xray uses for risk assessment, promoting DevSecOps practices. JFrog also holds certifications for JFrog Artifactory and OpenShift Operator. The company continues its commitment to provide trusted security solutions within its DevOps Platform.

JFrog Ltd. (NASDAQ: FROG) has been recognized as one of the 2021 Bay Area Best Places to Work by the San Francisco Business Times and Silicon Valley Business Journal. Ranked 22nd among 50 mid-size companies, this distinction reflects employee engagement and satisfaction amidst the challenges posed by the COVID-19 pandemic. The award underscores the company's commitment to a collaborative culture and employee well-being, with significant contributions noted from management in fostering a safe and engaging work environment.

JFrog Ltd. (NASDAQ: FROG) reported a strong first quarter for 2021, achieving 37% revenue growth to $45.1 million, up from $32.8 million a year prior. The company also noted a 130% net dollar retention rate and increased customer additions. Q1 GAAP gross profit was $36.7 million with an 81.3% gross margin. Despite a GAAP operating loss of ($10.6 million), JFrog anticipates Q2 revenue between $47.6 million and $48.6 million and a full-year outlook of $198 million to $204 million. Cash and investments totaled $605.7 million.